Monday February 24, 2020

News In Briefs: FBD may close regional branches

Investors' €35 million boost on forestry funds

Ian Guider

Markets Editor

3rd January, 2016

FBD may close regional branches

Insurance firm FBD is considering shutting some of its 33 branches across the country as it looks to reduce costs.

FBD is one of the few insurers that has retained a branch network in Ireland. But after a torrid 2015 that has already seen the company announce 100 voluntary redundancies to shave €7 million from costs, the branch network is up for review, according to FBD chief executive Fiona Muldoon.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 1 week ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 1 week ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 1 week ago